By Antonio Dey | HGPTV Nightly News
President Irfaan Ali has announced his administration’s intention to ensure that every Guyanese has access to a bank account—a key step toward promoting financial inclusion and equity. Speaking at the Georgetown Chamber of Commerce and Industry’s (GCCI) inaugural Energy Insights Breakfast Brief at the Pegasus Suites, the President stated that the government is even prepared to incentivize bank account openings to accelerate national participation in the financial system.
“We have to ensure that, in the shortest time frame, every Guyanese has a bank account—even if the government must incentivize the opening of those accounts,” President Ali declared.
He explained that Guyana’s modern economy must be powered by a robust and efficient financial sector where transparency, reliability, and performance drive national development.
“An economy that is powered by a modern financial sector—one in which efficiency, reliability, and results drive our governance—is essential to ensuring equality in access to financing,” he stated.
The Head of State emphasized that development must be inclusive, urging the private sector to think beyond the oil and gas industry and to invest in new, diversified sectors. While the government continues to improve policies and infrastructure, he said the onus lies on businesses to act boldly and seize emerging opportunities.
“We are ready in spirit. Some folks are already erecting buildings and expanding businesses to meet the opportunities,” President Ali said. “But readiness is more than dreams—it’s about skills, partnerships, and wealth creation. Otherwise, the opportunities will come and pass us by.”
The President’s remarks formed part of a broader government push for financial modernization, inclusive economic growth, and private sector-driven innovation, as Guyana positions itself as a major player in the global energy and investment landscape.
